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NYSE:ASH - Ashland Global Stock Price, Forecast & News

$75.62
-0.97 (-1.27 %)
(As of 12/13/2019 04:00 PM ET)
Today's Range
$75.51
Now: $75.62
$76.92
50-Day Range
$71.57
MA: $75.64
$79.03
52-Week Range
$64.93
Now: $75.62
$81.22
Volume377,709 shs
Average Volume777,258 shs
Market Capitalization$4.55 billion
P/E Ratio30.25
Dividend Yield1.46%
Beta1.22
Ashland Global Holdings Inc provides specialty chemical solutions worldwide. The company's Specialty Ingredients segment offers products, technologies, and resources for solving formulation and product-performance challenges. It provides solutions using natural, synthetic, and semisynthetic polymers derived from cellulose ethers, vinyl pyrrolidones, acrylic polymers, polyester and polyurethane-based adhesives, and plant and seed extracts. Read More…

Industry, Sector and Symbol

Industry Chemicals & allied products
Sub-IndustrySpecialty Chemicals
SectorBasic Materials
CUSIP04420910
Phone859-815-3333

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.49 billion
Cash Flow$7.61 per share
Book Value$59.00 per share

Profitability

Net Income$505 million

Miscellaneous

Employees4,700
Market Cap$4.55 billion
Next Earnings Date2/4/2020 (Estimated)
OptionableOptionable

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Ashland Global (NYSE:ASH) Frequently Asked Questions

What is Ashland Global's stock symbol?

Ashland Global trades on the New York Stock Exchange (NYSE) under the ticker symbol "ASH."

How often does Ashland Global pay dividends? What is the dividend yield for Ashland Global?

Ashland Global announced a quarterly dividend on Thursday, November 14th. Shareholders of record on Monday, December 2nd will be given a dividend of $0.275 per share on Sunday, December 15th. This represents a $1.10 annualized dividend and a yield of 1.45%. The ex-dividend date of this dividend is Friday, November 29th. View Ashland Global's Dividend History.

How will Ashland Global's stock buyback program work?

Ashland Global declared that its Board of Directors has authorized a stock repurchase program on Wednesday, March 21st 2018, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board believes its shares are undervalued.

How were Ashland Global's earnings last quarter?

Ashland Global Holdings Inc (NYSE:ASH) posted its earnings results on Monday, November, 18th. The basic materials company reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.98 by $0.21. The basic materials company earned $609 million during the quarter, compared to the consensus estimate of $644.53 million. Ashland Global had a return on equity of 4.64% and a net margin of 20.26%. The company's revenue for the quarter was down 9.0% on a year-over-year basis. During the same quarter last year, the business posted $0.97 earnings per share. View Ashland Global's Earnings History.

When is Ashland Global's next earnings date?

Ashland Global is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Ashland Global.

What price target have analysts set for ASH?

8 analysts have issued twelve-month price targets for Ashland Global's stock. Their forecasts range from $77.00 to $92.00. On average, they anticipate Ashland Global's stock price to reach $85.75 in the next twelve months. This suggests a possible upside of 13.4% from the stock's current price. View Analyst Price Targets for Ashland Global.

What is the consensus analysts' recommendation for Ashland Global?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ashland Global in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ashland Global.

Has Ashland Global been receiving favorable news coverage?

Media coverage about ASH stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ashland Global earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned news articles about the basic materials company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Ashland Global.

Are investors shorting Ashland Global?

Ashland Global saw a decline in short interest in November. As of November 29th, there was short interest totalling 2,150,000 shares, a decline of 5.7% from the November 14th total of 2,280,000 shares. Based on an average trading volume of 536,000 shares, the days-to-cover ratio is currently 4.0 days. Approximately 3.6% of the company's shares are short sold. View Ashland Global's Current Options Chain.

Who are some of Ashland Global's key competitors?

What other stocks do shareholders of Ashland Global own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ashland Global investors own include Verizon Communications (VZ), Intel (INTC), Boeing (BA), AbbVie (ABBV), Bristol-Myers Squibb (BMY), General Electric (GE), 3M (MMM), UnitedHealth Group (UNH), Starbucks (SBUX) and Centurylink (CTL).

Who are Ashland Global's key executives?

Ashland Global's management team includes the folowing people:
  • Mr. William A. Wulfsohn, Chairman & CEO (Age 57)
  • Mr. John Kevin Willis, Sr. VP & CFO (Age 54)
  • Dr. Keith C. Silverman Ph.D., Sr. VP of Global Operations, Quality, Environmental, Health & Safety (Age 52)
  • Mr. Peter J. Ganz, Sr. VP, Gen. Counsel, Sec. and Chief Legal & Compliance Officer (Age 57)
  • Ms. Anne T. Schumann, Sr. VP and Chief HR & Information Technology Officer (Age 59)

Who are Ashland Global's major shareholders?

Ashland Global's stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (2.82%), Wedge Capital Management L L P NC (2.62%), Diamond Hill Capital Management Inc. (2.49%), Pictet Asset Management Ltd. (1.68%), Newport Trust Co (1.54%) and Millennium Management LLC (0.62%). Company insiders that own Ashland Global stock include Anne T Schumann, J Kevin Willis, Keith C Silverman, Osama M Musa, Peter Ganz and William J Heitman. View Institutional Ownership Trends for Ashland Global.

Which institutional investors are selling Ashland Global stock?

ASH stock was sold by a variety of institutional investors in the last quarter, including Exane Asset Management, Handelsbanken Fonder AB, State Street Corp, Newport Trust Co, FrontFour Capital Group LLC, Hennessy Advisors Inc., Tocqueville Asset Management L.P. and Commonwealth Equity Services LLC. Company insiders that have sold Ashland Global company stock in the last year include J Kevin Willis, Osama M Musa, Peter Ganz and William J Heitman. View Insider Buying and Selling for Ashland Global.

Which institutional investors are buying Ashland Global stock?

ASH stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Great Lakes Advisors LLC, Diamond Hill Capital Management Inc., Boussard & Gavaudan Investment Management LLP, Wedge Capital Management L L P NC, Pictet Asset Management Ltd., State of New Jersey Common Pension Fund D and Squarepoint Ops LLC. View Insider Buying and Selling for Ashland Global.

How do I buy shares of Ashland Global?

Shares of ASH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Ashland Global's stock price today?

One share of ASH stock can currently be purchased for approximately $75.62.

How big of a company is Ashland Global?

Ashland Global has a market capitalization of $4.55 billion and generates $2.49 billion in revenue each year. The basic materials company earns $505 million in net income (profit) each year or $2.50 on an earnings per share basis. Ashland Global employs 4,700 workers across the globe.View Additional Information About Ashland Global.

What is Ashland Global's official website?

The official website for Ashland Global is http://www.ashland.com/.

How can I contact Ashland Global?

Ashland Global's mailing address is 50 East RiverCenter Boulevard, COVINGTON KY, 41011. The basic materials company can be reached via phone at 859-815-3333 or via email at [email protected]


MarketBeat Community Rating for Ashland Global (NYSE ASH)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  506 (Vote Outperform)
Underperform Votes:  361 (Vote Underperform)
Total Votes:  867
MarketBeat's community ratings are surveys of what our community members think about Ashland Global and other stocks. Vote "Outperform" if you believe ASH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ASH will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/14/2019 by MarketBeat.com Staff

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